$PSGR Think about this. Gold, Silver, and Copper prices are outstanding. Gold is over $2,300.00/oz. Silver is past $26.00/oz. Copper is topping $4.00/lb. BIG BUCKS are being made by the precious metals industry AND base metals (in this case, Copper) are fattening the wallets of mining companies. Pershing Resources has suggested, Intimated, and conjectured that its properties (Mining Claims) have alleged amounts of ores that could produce a potentially significant profit.
Pershing Resources has been around for almost 30 years. Knowledgeable investors who potentially could determine the value of the mining claims and provide funding for Mine(s) start-up, to the best of my knowledge, either do not foresee a Return on Investment or have not released the dollars to fund the required production equipment and personnel. After almost 30 years of existence, what is the logical explanation for no mining activity?